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Eric Odum

Eric Odum is a real estate advisor focusing on providing clients solutions for 1031 exchanges, NNN Lease Properties,and Commercial Real Estate Investments.

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Sale Leasebacks May Be Returning

In a sale-leaseback, a business can sell real estate they own and then rent the property back from the investor/buyer under a long-term net lease, which term usually runs for 15 or 20 years plus extensions and options Sale-leasebacks can be as short as a 5 year term, as well
Fallout from Starbucks’ announcement of closure of 600+ stores So a Starbucks is closing near you Local baristas and competitors Dunkin’ Donuts and MacDonald’s (both of which just launched discount espresso products) are busy dancing in the streets
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